MAGC vs MCHI

MAGCCRoundhill China Magnificent Seven ETF

MCHIAiShares MSCI China ETF

In short

MAGC One ticker, seven of China's biggest tech and EV names, equal weighted and rebalanced quarterly. Roundhill's China answer to its own Magnificent Seven fund, and it charges 0.60%.

MCHI The default one-ticker way to own China. MCHI has tracked the MSCI China Index since 2011, holding roughly 600 stocks open to international investors, and it stays actively traded.

Stated mandate

MAGC The fund seeks equal-weight exposure to the largest and most innovative Chinese companies identified as the China Magnificent Seven.

MCHI The fund seeks to track an index of Chinese equities available to international investors.

Why people hold it

• MAGC Equal weight, rebalanced quarterly, so no single giant swallows the basket the way it can in cap-weighted China index funds.roundhillinvestments.com
• Blue-chip roster only: names such as Alibaba, Tencent and BYD, picked with size and liquidity screens, which skips Chinese small caps entirely.roundhillinvestments.comroundhillinvestments.com 2
• At 0.60% with no fee waiver, it sits near the median of 30 China funds we track, unusual for a hand-picked, actively managed basket.
• Roundhill launched it in 2024 and bills it as the first ETF built around this precise basket of China's tech leaders.roundhillinvestments.com

• MCHI One ticker, roughly 600 Chinese stocks. Instead of picking among share classes and listings, you get the MSCI China Index (Net) in a single line item.ishares.com
• 0.59% expense ratio, below the middle of the single-country China pack, and the fund has hewed closely to its stated index mandate.
• Running since 2011 and now a multi-billion-dollar fund that trades actively, which is why it turns up as the reference China holding in so many portfolios.
• One of the stronger implementations in its peer group on tradability and staying power, both scored in the top tier of the China cohort.

Worth knowing

• MAGC Seven companies means one bad quarter at one of them lands hard. Broad China funds spread that risk across hundreds of stocks.roundhillinvestments.com
• Much of the exposure comes via total return swaps on ADRs (to meet fund diversification tests), backed by Treasury bills, not direct share ownership.roundhillinvestments.comroundhillinvestments.com 2
• Small and thinly traded, with distributions once or twice a year. Cheaper, broader options like FLCH (0.19%) and CXSE (0.32%) rank at the top of the category.

• MCHI Cheaper broad-China options exist: FLCH charges 0.19% and JPMorgan's active JCHI 0.15%. You are paying up for MCHI's depth and liquidity.
• Single-country equity risk, undiluted. Chinese regulation, currency and policy swings hit the whole basket at once, and the index leans heavily on its biggest names.
• Distributions come once or twice a year, not monthly, so cash flow arrives in lumps.

Full MAGC profile⁠

Full MCHI profile⁠